In Ukraine, the changes concerning territorial communities and their development strategies are taking place at legislative level. accordance with this, local governments need to change approach development, since there should be a long-term effect that can monitored as well its effectiveness evaluated. Project management, which is implemented by various methodologies, used implement strategy o...

We analyze public investment in social infrastructure using a two-period model in which a government must intermediate all infrastructure investment. Voters choose a government from two alternative types, high quality and low quality. A high quality government obtains higher returns on infrastructure but also demands a bigger consumption payoff for intermediating investment, implying higher tax...

This paper examines the empirical validity of the prediction that if governments minimize the deadweight loss from raising revenue through inflation and tax finance, there should be a positive contemporaneous association between inflation and the level of tax burdens. We examine the empirical validity of this prediction using data from Britain, France, Germany, Japan, and the United States. Inf...

Government often dominates developing countries. Sometimes government is the only game in town. Countries suffer when rules of this game are deficient and governments are ineffective or predatory. Because this frequently seems to be the case, public sector institutional reforms have emerged as central to development. These reforms are an essential element of interventions by players like the Wo...